Foundation for Economic Education
http://www.fee.org

World Bank Chief Wants More Aid

Posted By Sheldon Richman

“The head of the World Bank has warned of a ‘human catastrophe’ in the world’s poorest countries unless more is done to tackle the global economic crisis. Speaking at the end of the World Bank’s spring meeting, Robert Zoellick also called on rich nations to do more to help tackle global poverty.” (BBC News [1], Monday)

Why is he so sure we’re not going to catch on to this scam eventually?

FEE Timely Classic
“The Failures and Fallacies of Foreign Aid” [2] by David Osterfeld


Article printed from Foundation for Economic Education: http://www.fee.org

URL to article: http://www.fee.org/articles/in-brief/world-bank-chief-aid/

URLs in this post:

[1] BBC News: http://news.bbc.co.uk/2/hi/business/8019942.stm

[2] “The Failures and Fallacies of Foreign Aid”: http://www.thefreemanonline.org/columns/the-failures-and-fallacies-of-foreign-aid/

Copyright © 2008 Foundation for Economic Education. All rights reserved.